South Korea

South Korea

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Blockchain Advocates in Japan and South Korea Are Joining Forces

Japanese and South Korean blockchain groups have partnered for dissemination of blockchain technology.

Japan and South Korea

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Bitcoin Exchange Youbit to Declare Bankruptcy After Hack

A South Korean bitcoin exchange is moving to declare bankruptcy following what it said was a debilitating cyber attack.

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North Korea Suspected Again in Crypto Exchange Attacks

South Korea's spy agency beileves a recent run of hacking attacks on domestic cryptocurrency exchanges is linked to North Korea.

North Korea flag

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South Korean Officials Weigh New Curbs on Bitcoin Trading

The South Korean government is considering a range of policy options in order to curb what it called an "overheating of virtual currency speculation."

SK

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South Korean NH Bank Joins R3 Distributed Ledger Consortium

South Korea's NongHyup Bank has joined the R3 distributed ledger consortium, saying it will launch a pilot blockchain project.

Buildings

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Crypto Corrupts the Youth? South Korea Prime Minister Says So

Prime Minister Lee Nak-yeon reportedly frets about kids selling drugs and pyramid schemes while regulators draft rules for South Korea's exchanges.

Lee Nak-yeon, Prime Minister of South Korea

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Bitcoin Price Tops $10,000 on Korean Exchanges

The price of bitcoin is trading above $10,000 at several South Korea-based bitcoin exchanges, market data reveals.

Won

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South Korean Finance Watchdog Has 'No Plans' to Regulate Bitcoin Trading

The governor of a South Korean financial regulator has said it has "no plans" to supervise cryptocurrency trading.

Seoul

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Bitcoin Is a Commodity Not a Currency, Says South Korean Central Bank Chief

The head of South Korea's central bank has ruled out classifying bitcoin as a currency, according to a new report.

Won

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App Maker Kakao Begins Beta Testing New Cryptocurrency Exchange

South Korean fintech firm Dunamu has launched open beta services for its new cryptocurrency exchange platform Upbit.

Korean flag